Boeing Issues Layoff Notices to 400 Washington Workers

Boeing has issued layoff notices to nearly 400 employees in Washington as part of a broader plan to cut 10% of its workforce, totaling about 17,000 jobs. This follows 2,200 layoffs announced in November, driven by financial struggles, regulatory issues, and a recent machinists' strike. Affected employees will remain on the payroll until February and receive severance benefits. The layoffs are attributed to Boeing's $25 billion losses over five years, partly due to past MAX jet crashes and production challenges.